"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



G7 summit opens amid lower expectations, protests
The summit will focus on the Russia-Ukraine conflict, climate and others, while the host dampened expectations.
Published in Daily News Egypt on 26 - 06 - 2022

Leaders of the Group of Seven (G7) kicked off their three-day annual summit on Sunday in Schloss Elmau in south Germany's Bavarian Alps amid lower expectations and protests.
The summit will focus on the Russia-Ukraine conflict, climate and others, while the host dampened expectations.
The ongoing Russia-Ukraine conflict, especially further sanctions against Russia, will dominate the discussions at the summit of the world's major industrialized countries, as U.S. President Joe Biden said on Sunday morning that the G7 would impose a ban on imports of Russian gold.
A German federal government source said on Saturday night that price caps of Russian oil will be discussed, a measure that envisages forcing Russia to sell oil to large buyers such as India at a significantly lower price in the future. The G7 countries are intensively discussing the issue and are "on the way to finding an agreement."
The source said that there will be a statement about the issue of the Russia-Ukraine conflict by the G7 leaders. Ukrainian President Volodymyr Zelensky will deliver a speech via video during the summit.
Leaders will also address the food crisis caused by the Russia-Ukraine conflict. They will try to seek ways to unblock Ukraine's grain exports across the Black Sea and make financial pledges to help countries hardest hit by the crisis.
According to the policy priorities made by the host country Germany, G7 leaders will also address issues including climate change, by establishing a "climate club" put forward by German Federal Chancellor Olaf Scholz.
Besides leaders of Germany, the United States, Japan, Canada, Britain, Italy, France and the European Union, leaders from India, Indonesia, South Africa, Senegal and Argentina have been invited to take part in the summit.
The West bloc is expected to take advantage of the G7 summit to try to persuade major developing countries to join their sanctions against Russia, experts said.
However, the host nation Germany tried to dampen the expectations of this summit. In his weekly podcast released on Saturday, Scholz said that although Elmau, the summit site, "lies in the mountains, we will certainly not move mountains there."
On Saturday, some 4,000 people marched in Munich against the G7 summit, with some protest groups accusing major western countries of triggering the conflict between Russia and Ukraine, and of making the whole world bear the consequences of the conflict, including the food crisis.
Protestors have set up tents in Garmisch-Partenkirchen, the seat of the district of the event site, with organizers expecting that more than 1,000 protestors will participate in the demonstration on Monday.


Clic here to read the story from its source.